Ok, range report!
I'd call it good. I did have to drift the rear sight a bit more though. Back to the left in fact. Seems I went a little overboard when I tapped them over at home
Anyway at 25 yards I was getting pretty good groups. At 50 yards I had to drift the sight a little more, and out to 100 yards a tad more still.
I was even able to nail the bullseye out at 100. The whole time I had a buddy spotting for me which made things go much quicker. I didn't have the best groups in the world... At first at about 25 yards I'd say I got maybe 4" groups, but after a while I was able to tighten them up significantly - hence my groupings out to 100 yards. At that point it was the shooter (me), not the rifle.
I'm now more concerned with the front sight. The day was overcast early on but then got pretty sunny. In both conditions I found acquiring a good sight picture difficult due to very low contrast with the black-on-black sights. Out at 100 yards holding focus on the front sight is near impossible. To fix this I think I'll go the poor man's route (I'm broke after all) and put a small dot of whiteout on the front sight for added contrast.
The other issue I had later was the sun gleaming off of the rear sight, further obstructing the view of the front sight. Not too sure what to do about that. The bluing on the rear sight is a little darker than the rest of the rifle... Not too sure why, but it is. Because of that it reflects more light.
@pikid89, Like I said earlier, I wouldn't be able to get the rear sight close enough to the eye for it to be effective.
@Chuck Dye, luckily the receiver is drilled and tapped from the factory (YAY Savage!), but even so, I'm still afraid it would be too far away from the eye. Maybe someone with military experience having qualified with iron sights could weigh in on what the "optimal" distance from the eye would be, but as I understand it you want it to be as close as possible. For example, if you're shooting an M16 the rule of thumb (again, as I hear) is to have your nose near touching the charging handle. That's pretty close! Any farther than that or you're going to notice a significant drop in accuracy... But again, having not served I really can't speak to that other than what I hear. I'm not saying it's out of the question, I just don't want to sink $ into a system that may not work as well. Know what I mean?
Anyway I really appreciate all your input on this.